Average age of U.S. / Canadian automotive fleets

[Summitric]

September 9, 2020 by Allan Janssen[FONT=&quot][/FONT][h=1]By the Numbers: Average age of U.S. / Canadian fleets[/h]

[FONT=&quot]11.8 years[/FONT]
[FONT=&quot]Average age of U.S. cars and light trucks on the road in 2019.[/FONT]
[FONT=&quot]IHS Markit[/FONT]
[FONT=&quot] [/FONT]
[FONT=&quot]9.71 years[/FONT]
[FONT=&quot]Average age of Canadian cars and light trucks on the road in 2017 (most recent data).[/FONT]
[FONT=&quot]AIA Outlook Study 2018[/FONT]
[FONT=&quot] [/FONT]
[FONT=&quot]75%[/FONT]
[FONT=&quot]Percentage of Canadians who are unconvinced that self-driving technology is “ready for prime time.” That compares to only 67% in the U.S. In both countries, fear of technology failure remains the top concern. Canada’s climate and mountainous terrain are thought to be the biggest challenges to self-driving technology. American and Canadian consumers also are worried about the unintended consequences of self-driving.[/FONT]
[FONT=&quot]J.D. Power, Mobility Confidence Index Study[/FONT]
[FONT=&quot] [/FONT]
[FONT=&quot]85%[/FONT]
[FONT=&quot]Percentage of millennials around the world who believe owning a car is a necessity for independence and convenience, and is generally preferable to other, more environmentally conscious options like ride-sharing or public transportation.[/FONT]
[FONT=&quot]The Millennials and Auto Trends Report, Duff & Phelps[/FONT]
[FONT=&quot] [/FONT]
[FONT=&quot]64%[/FONT]
[FONT=&quot]Percentage of U.S. automotive technicians who are older than 45. The biggest cohort (29.39%) are 55-64 years old.[/FONT]
[FONT=&quot]Automotive Training Managers Council annual survey[/FONT]
[FONT=&quot] [/FONT]
[FONT=&quot]27.7%[/FONT]
[FONT=&quot]Percentage of vehicle-leasing Canadians who are dissatisfied the lack of technology and amenity features in their leased vehicles – the most common complaint among leasers. Just over 7% of leasers found fuel economy was their biggest concern. Among owners, on the other hand, fuel economy was the primary concern, with amenities ranking far lower.[/FONT]
[FONT=&quot]DesRosiers Automotive Consultants[/FONT]
[FONT=&quot] [/FONT]
[FONT=&quot]70%[/FONT]
[FONT=&quot]By 2024, the percentage of light truck sales expected to be comprised of SUVs and CUVs, which have seen explosive demand since 2009. Pickups are expected to comprise only 25%. Jeep-style recreational vehicles will comprise 5%.[/FONT]
[FONT=&quot]IHS, Five Trends in Five Minutes[/FONT]
[FONT=&quot] [/FONT]
[FONT=&quot]9 million[/FONT]
[FONT=&quot]Number of 2018-model-year vehicles in the U.S. that specify 0W20 oil. Use of that viscosity shows a rapid and steady increase from 1 million 2008-model-year vehicles.[/FONT]
[FONT=&quot]IHS Markit[/FONT]
[FONT=&quot] [/FONT]
[FONT=&quot]2.5 million[/FONT]
[FONT=&quot]Number of 2018-model-year vehicles in the U.S. that specify 5W30 motor oil, down from a peak of 7 million 2005-model-year vehicles.[/FONT]
[FONT=&quot]IHS Markit[/FONT]
[FONT=&quot] [/FONT]
[FONT=&quot]31%[/FONT]
[FONT=&quot]In 2018, the percentage of U.S. consumers surveyed who said they switch between motor oil brands. That number was just 25% in 2013. A similar trend is seen in the purchase of brake parts, filters, wiper blades, engine treatments, and appearance chemicals – all categories which show waning brand loyalty.[/FONT]
[FONT=&quot]NPD Group[/FONT]